Apr 13 2022

Dept. Treasury Secretary Visits Brooklyn Navy Yard

New from the NMTC Coalition & Rapoza Associates: "Late last week, Deputy Secretary of the Treasury Wally Adeyemo toured the Brooklyn Navy Yard (the Yard) in New York City, a center of manufacturing and workforce innovation located across 300 acres along Brooklyn’s waterfront, and heard from local leaders, students, and small business owners about their efforts to promote equitable economic development and recovery from the pandemic. The Yard, which is run by the Brooklyn Navy Yard Development Corporation, has benefited from three separate NMTC transactions that have created nearly 4,000 jobs." Proud of the impactful projects completed at the Brooklyn Navy Yard - DVCI provided $10MM in NMTC allocation to Building 77 & $5MM to Building 127.

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Oct 13 2021

Valley National Bancorp Acquires Dudley Ventures and its Affiliates

New York, NY – October 13, 2021 -- Valley National Bancorp (“Valley”) (NASDAQ:VLY) announced today that it is has acquired Arizona-based Dudley Ventures, an advisory firm specializing in the investment and management of tax credits. Over its greater than 20-year history, Dudley Ventures and its affiliates have invested over $2 billion in tax credit transactions, leading to deep community impact. The transaction includes the acquisition of Dudley Ventures’ entities DV Community Investment, DV Fund Advisors and Dudley Ventures Advisory Services.

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Oct 3 2021

Project SEARCH aims to help disabled Mississippians lead normal lives

NESHOBA COUNTY, Miss. (WTOK) - Disabled people can face unique challenges finding work. Project SEARCH is a program that seeks to help disabled people find jobs. Project SEARCH is a program in which the Mississippi Department of Rehabilitation Services teams with hospitals and schools to provide real-life work experience combined with training in employment and independent living skills to help young people with significant disabilities make successful transitions to productive adult life.

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Jul 26 2021

Healthy Building, Healthy People

Crosstown Concourse serves up a healthy dose of a building with its sustainable design, wellness facilities, and social/arts programming. Crosstown Concourse was one of just four North American sites to earn Fitwel certification in January of this year.

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Jul 23 2021

In Northeast Indianapolis, Business Pushes Boundaries In Trend To Counter Community Disinvestment

When it opens in early 2022, Cook Medical’s new facility will bring 100 new manufacturing jobs to the area. The company will partner with Goodwill to provide wraparound services like childcare, housing, education, and other needs that support employment and growth.

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Jul 7 2021

The Multi-Assistance Center at Morgan’s Wonderland Wins Novogradac's Metro QLICI of the Year Award

Congratulations to The Multi-Assistance Center at Morgan’s Wonderland on winning the Novogradac Journal of Tax Credits Metro QLICI of the Year Award. The Multi-Assistance Center at Morgan’s Wonderland will be the new construction of a 165,000 SF one-stop service center providing an innovative approach to address the fragmented and uncoordinated health and social service care offered to special needs individuals today.

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Jun 5-6 2025

Novogradac 2025 Spring New Markets Tax Credit Conference Washington, DC

Join hundreds of NMTC professionals for Novogradac’s two-day conference. Connect with industry leaders, policymakers, and investors to discuss the latest trends, challenges, and opportunities in NMTC financing. Attendees can expect in-depth sessions covering topics such as NMTC program updates, best practices in project development and financing, navigating regulatory complexities, and exploring innovative approaches to community revitalization. Dudley Ventures is proudly sponsoring this event.

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Jun 1 2021

DV Community Investment 2020 Annual Report

Our mission of renewal and revitalization of low-income communities nationwide has never been more urgent. Over the past 10 years, DVCI’s New Markets Tax Credit investments have directly created over 11,000 quality permanent jobs. A majority of these jobs are accessible to persons facing barriers to quality, living wage employment, a key factor in breaking the cycle of persistent poverty. In 2020 alone, DVCI provided $58,000,000 in NMTC allocation to 8 projects, supporting $245,000,000 in total development costs. Additionally, our prior round projects have been instrumental in battling the Covid-19 pandemic.

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Apr 26 2021

AeroFarms Expands Global Headquarters to Support Growth and Innovation

AeroFarms, a leader in indoor vertical farming, has received its certificate of occupancy for expansion of its global headquarters in Newark. To support its corporate expansion, AeroFarms recently completed the build out of an additional 25,000 square feet at its headquarters for new office space and more expansive R&D and Innovation Centers of Excellence.

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